BestCoinInv Limited claims to be a company specialized in Bitcoin mining, trading cryptocurrencies and online marketing. These activities allegedly allow it to offer generous investment plans with daily returns ranging between 7% and 12% forever.
This means 210% – 360% per month and 2555% – 4380% per year. So, can you really multiply your investment 25x – 43x in a year with this program?
Unfortunately, BestCoinInv is just another crypto scam that is going to fail, if it already hasn’t done so.
You should know it just by looking at the numbers, 360% monthly forever is a number that is impossible to achieve. Certainly not in crypto mining. As a trader you can have a lucky month and do it, but it is impossible to repeat it every month. That’s just how it is.
Crypto scams nowadays often use a tax registration from to United Kingdom to make themselves look legit, but they are not. Almost anybody can get a tax registration for company in the UK and it doesn’t say anything about the legitimacy or nature of the business.
BestCoinInv is providing investment services, which in the UK is an activity regulated by the FCA. But BestCoinInv is not registered with the FCA, it has no license, therefore it is an illegal business. Check our picture to see the proof.
How it really works
BestCoinInv is a Ponzi scheme, which means that it does no real mining or trading. It just collects money from the public and uses new deposits to pay old profits.
This is how it will go on until there is not enough new deposits, or until the owners decide to run away with all the money. It will collapse, it’s given by the nature of the scheme.
And forget about the numbers on their page, they certainly don’t have more than a million users, they launched just a few days ago. The Facebook likes are fake too, done by bots.
BestCoinInv is a Ponzi scam that will fail sooner rather than later and people will lose their money, because Bitcoin transactions are irreversible. Stay away from it!
If you want to see how Bitcoin and crypto trading really works, try a free demo with a regulated broker.
You’ll see that it takes some learning to reach profits in trading.